Why NASDAQ:PERI Is a Promising High-Growth Stock in the Midst of Consolidation.

Last update: Mar 8, 2024

Exploring Growth Potential: PERION NETWORK LTD (NASDAQ:PERI) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and PERION NETWORK LTD has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected PERION NETWORK LTD on our screen for growth with base formation, suggesting it merits a closer look.

Growth Assessment of NASDAQ:PERI

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:PERI scores a 8 out of 10:

PERI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.16%, which is quite impressive.
PERI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.88% yearly.
Looking at the last year, PERI shows a quite strong growth in Revenue. The Revenue has grown by 16.08% in the last year.
Measured over the past years, PERI shows a very strong growth in Revenue. The Revenue has been growing by 24.07% on average per year.
PERI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.40% yearly.
Based on estimates for the next years, PERI will show a quite strong growth in Revenue. The Revenue will grow by 15.69% on average per year.

Evaluating Health: NASDAQ:PERI

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:PERI scores a 8 out of 10:

An Altman-Z score of 3.49 indicates that PERI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.49, PERI belongs to the top of the industry, outperforming 82.29% of the companies in the same industry.
There is no outstanding debt for PERI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
A Current Ratio of 2.14 indicates that PERI has no problem at all paying its short term obligations.
The Current ratio of PERI (2.14) is better than 63.54% of its industry peers.
PERI has a Quick Ratio of 2.14. This indicates that PERI is financially healthy and has no problem in meeting its short term obligations.
PERI's Quick ratio of 2.14 is fine compared to the rest of the industry. PERI outperforms 65.63% of its industry peers.

Looking at the Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:PERI has earned a 8 out of 10:

With an excellent Return On Assets value of 10.90%, PERI belongs to the best of the industry, outperforming 92.71% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.35%, PERI belongs to the top of the industry, outperforming 86.46% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 13.67%, PERI belongs to the top of the industry, outperforming 94.79% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PERI is above the industry average of 7.09%.
The 3 year average ROIC (12.04%) for PERI is below the current ROIC(13.67%), indicating increased profibility in the last year.
With an excellent Profit Margin value of 15.80%, PERI belongs to the best of the industry, outperforming 89.58% of the companies in the same industry.
In the last couple of years the Profit Margin of PERI has grown nicely.
PERI's Operating Margin of 15.71% is amongst the best of the industry. PERI outperforms 85.42% of its industry peers.
In the last couple of years the Operating Margin of PERI has grown nicely.

How do we evaluate the setup for NASDAQ:PERI?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:PERI has a 8 as its setup rating:

PERI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.51, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Check the latest full fundamental report of PERI for a complete fundamental analysis.

For an up to date full technical analysis you can check the technical report of PERI

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.